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Otto-Kurak Family Foundation Inc. is a private corporation based in ISLAND HGTS, NJ. The foundation received its IRS ruling in 2022. The principal officer is % Michael Kurak. It holds total assets of $173K. Annual income is reported at $8K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Otto-Kurak Family Foundation Inc. has made 1 grants totaling $7K, with a median grant of $7K. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Otto-Kurak Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in NJ.
Otto-Kurak Family Foundation Inc. has distributed a total of $7K across 1 grants. The median grant size is $7K, with an average of $7K. Individual grants have ranged from $7K to $7K.
Otto-Kurak Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Otto-Kurak Family Foundation Inc. is headquartered in ISLAND HGTS, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Kurak | Trustee | $0 | $0 | $0 |
| Grace Otto-Kurak | Trustee | $0 | $0 | $0 |
| Louis Bevilacqua | Trustee | $0 | $0 | $0 |
Total Giving
$7K
Total Assets
$173K
Fair Market Value
$173K
Net Worth
$173K
Grants Paid
$7K
Contributions
$0
Net Investment Income
$2
Distribution Amount
$9K
Total Grants
1
Total Giving
$7K
Average Grant
$7K
Median Grant
$7K
Unique Recipients
1
Most Common Grant
$7K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Michael Grace Kurak Family DafPROGRAM SERVICES | Island Heights, NJ | $7K | 2023 |
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